3-bedroom bungalow · TQ5 0BX
For saleReduced £30k (−7.1%) on 29 JunListed 412 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled on a spacious plot just off Milton street, this three bedroom detached bungalow is being offered for sale with no onward chain.
The property has been in the same ownership since it was built in the 1960's and would now benefit from some updating, however offers a wealth of potential.
It is well located with the Brixham town centre being roughly a mile away, the local shop is within easy walking distance at St. Mary's Square. Local schools are positioned nearby and St.
Mary's Park is just around the corner. Stepping inside, the central hallway connects through to the large lounge/dining room. This spacious room offers a double aspect, along with central fireplace.
The kitchen is finished with light wood effect wall and base units, granite effect worktops with an inset stainless steel sink.
There is ample space for white goods (these are available upon separate negotiation), along with space for a small table and chair. A Upvc door flows through to the rear garden.
Adjacent to the kitchen is the family bathroom, complete with shower over bath, pedestal basin W.C and built in cupboard.
The three bedrooms are located to the front and side of the bungalow, separating them away from the kitchen and living room.
The principal bedroom is of a good size, so too is the 2nd bedroom along with a good sized third.
The surrounding gardens create a good level or privacy for the property, to the front the garden has been landscaped into various patio terraces leading down to the shared driveway which allows access to the detached garage.
The vendor informs us that they regularly park a car within the shared driveway area.
A pathway leads around to the back garden, this is mainly laid to lawn with feature surrounding stone walls, steps lead up to a further garden area.
The property is accessed off Milton Street with right of way across the access area, onto the shared driveway leading to this property and one other.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Bel-Ombre, Milton Street, Brixham
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